Goldman reports 26% surge in profits, helped by taxes
Updated : April 17, 2018 05:59 PM IST
Investment bank Goldman Sachs is reporting that its first quarter profits rose by 26%, helped by a lower tax bill and a surge in market volatility.
Goldman earned $2.83 billion, or $6.95 a share, compared with $2.26 billion, or $5.15 a share, in the same period a year earlier.
The results topped analysts' forecasts, who were looking for Goldman to earn $5.58 a share.